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Is your mortgage where you can make overpayments and these can allow you to take payment breaks? If so I should think the only cost would be in extra interest as you would not be paying anything off. I would not think a payment break on any other mortgage would be advisable.

It all depends on how your mortgage was set up when you took it on.

Not much help I know

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BEWARE! There's no such thing as a 'free lunch'. We were thinking of doing this until we found out that our mortgage payments would go up by £10 per month ... sounded OK until we discovered it was for the term of the mortage and worked out something like an extra £3000 for one measly £600 payment!

Payment break? Daylight robbery more like! If something sounds too good to be true - it usually is!

I tried to take a mortgage holiday a couple of years ago when I was going back into full-time education. With my mortgage provider I was told I could only have a mortgage holiday if I was pregnant - thought it was a bit drastic!

Ended up swtiching to an interest only mortgage for 12 months to bring my payments right down, then went back to original rate.

Our mortgage providers say we can take a break from between 3 - 12 months. Doesnt have to be for a pregnancy break or any special reason, so think they are quite flexible.

We thought we might do it as we have a two tier garden, and the second tier is just scrub ground and really needs tackling to make the house more presentable for resale. But its going to take some money to do it. Thought of taking the break in paying the mortgage to finance it.

We only plan to stay where we are for about another 5 years, and then downsize but want to make the house as saleable as possible.

Not too worried about the 'extra' it will place on the mortgage for afterwards as said we dont intend to stay the full course in this house, but want it as nice as possible for when it does go on the market.

By taking a break for a few months paying the mortgage we can get this work done, so we are going to have a good mull over it.

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